Jeff Yass Susquehanna International Group
Jeff Yass is a co-founder of Susquehanna International Group (SIG), a major global trading and market-making firm. SIG is known for options expertise, quantitative trading, and a training culture grounded in probabilistic decision-making. Yass’s firm is influential across derivatives markets even though it is less of a traditional long-only stock-picking franchise.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Boeing
BA
|
+$923M |
| 2 |
Walt Disney
DIS
|
+$710M |
| 3 |
Bank of America
BAC
|
+$510M |
| 4 |
Amazon
AMZN
|
+$481M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$393M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.65B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$678M |
| 3 |
Micron Technology
MU
|
+$514M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$327M |
| 5 |
Alibaba
BABA
|
+$307M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.44% |
| 2 | Communication Services | 1.2% |
| 3 | Consumer Discretionary | 1.2% |
| 4 | Financials | 0.94% |
| 5 | Healthcare | 0.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1276
PUT
Public Storage
PSA
$60.7B
| $17.5M | 0.01% |
80,300
+22,600
| +39% | +$4.73M |
|
1277
CALL
Labcorp
LH
$27.5B
| $17.5M | 0.01% |
133,045
+98,241
| +282% | +$12.1M |
|
1278
PUT
HP
HPQ
$26.1B
| $17.5M | 0.01% |
898,400
+57,400
| +7% | +$1.22M |
|
1279
PUT
Steel Dynamics
STLD
$32.9B
| $17.5M | 0.01% |
494,800
+3,200
| +0.7% | +$114K |
|
|
CEO
1280
PUT
DELISTED
CNOOC Limited
CEO
| $17.4M | 0.01% |
93,600
+5,200
| +6% | +$880K |
|
1281
Centene
CNC
$32.4B
| $17.4M | 0.01% |
327,092
+320,208
| +4,651% | +$19.4M |
|
1282
PUT
Teladoc Health
TDOC
$1.13B
| $17.4M | 0.01% |
312,400
+68,700
| +28% | +$4.19M |
|
1283
RH
RH
$2.71B
| $17.4M | 0.01% |
+168,576
| New | +$23M |
|
|
WWE
1284
CALL
DELISTED
World Wrestling Entertainment
WWE
| $17.3M | 0.01% |
198,800
-143,200
| -42% | -$12M |
|
1285
iShares Core S&P Mid-Cap ETF
IJH
$125B
| $17.2M | 0.01% |
454,860
-1,630,205
| -78% | -$60.2M |
|
1286
Kroger
KR
$36.2B
| $17.2M | 0.01% |
+698,801
| New | +$19.1M |
|
1287
PUT
Rockwell Automation
ROK
$47.7B
| $17.1M | 0.01% |
97,700
+61,800
| +172% | +$10.5M |
|
1288
Nektar Therapeutics
NKTR
$2.52B
| $17.1M | 0.01% |
33,937
+749
| +2% | +$444K |
|
1289
PUT
Huntington Ingalls Industries
HII
$11.6B
| $17.1M | 0.01% |
82,500
+44,400
| +117% | +$9.11M |
|
|
XEC
1290
CALL
DELISTED
CIMAREX ENERGY CO
XEC
| $17.1M | 0.01% |
244,500
+196,800
| +413% | +$14.2M |
|
1291
PUT
Idexx Laboratories
IDXX
$44.1B
| $17M | 0.01% |
76,200
-8,900
| -10% | -$1.84M |
|
1292
PUT
Vipshop
VIPS
$6.88B
| $17M | 0.01% |
2,114,600
+1,455,600
| +221% | +$10.3M |
|
1293
PUT
Sempra
SRE
$55.3B
| $17M | 0.01% |
269,800
+251,200
| +1,351% | +$14.8M |
|
1294
PUT
State Street Communication Services Select Sector SPDR ETF
XLC
$22.6B
| $17M | 0.01% |
362,700
+113,000
| +45% | +$5.15M |
|
1295
CALL
McKesson
MCK
$102B
| $16.9M | 0.01% |
144,700
-158,700
| -52% | -$19.6M |
|
1296
CALL
Yelp
YELP
$1.29B
| $16.9M | 0.01% |
490,000
-172,700
| -26% | -$6.25M |
|
1297
Fidelity National Information Services
FIS
$21.4B
| $16.9M | 0.01% |
+149,007
| New | +$15.9M |
|
1298
Targa Resources
TRGP
$63.1B
| $16.8M | 0.01% |
405,000
+189,043
| +88% | +$7.93M |
|
1299
CALL
Madrigal Pharmaceuticals
MDGL
$11.8B
| $16.7M | 0.01% |
133,600
-46,900
| -26% | -$5.83M |
|
1300
CALL
iShares Expanded Tech-Software Sector ETF
IGV
$14.1B
| $16.7M | 0.01% |
396,000
+170,000
| +75% | +$6.71M |
|
Similar funds
Jeff Yass's Q1 2019 Portfolio in Review
As of Q1 2019, Jeff Yass held 10,685 positions worth $243B, down 3.3% from $252B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Jeff Yass withdrew a net $43.7B in Q1 2019, closing 1,970 positions and reducing 3,279 holdings. Its most notable exit was State Street SPDR S&P 500 ETF Trust, an estimated $678M position sold in full.
By sector, the portfolio is most concentrated in Technology at 1.4% of assets, down from 2.3% a quarter earlier, followed by Communication Services and Consumer Discretionary.
Against the trend, Jeff Yass opened a new position in iShares China Large-Cap ETF worth $192M.
- Jeff Yass's largest Q1 2019 buy was iShares China Large-Cap ETF: 4,340,587 shares worth $192M.
- Jeff Yass added most to Boeing in Q1 2019, an estimated $923M increase.
- Jeff Yass's biggest Q1 2019 reduction was Apple, cutting an estimated $2.65B.
- Jeff Yass fully exited State Street SPDR S&P 500 ETF Trust in Q1 2019, selling an estimated $678M.
- Jeff Yass's ten largest holdings make up 25% of its $243B portfolio in Q1 2019.
- Jeff Yass opened 1,860 new positions and closed 1,970 in Q1 2019.
- Jeff Yass's portfolio value fell 3.3% quarter-over-quarter to $243B.
Based on Susquehanna International Group's 13F filing for Q1 2019, filed 15 May 2019.